Friday, December 19, 2008

Aussie exodus to get bigger?

Nearly 100 people a day are moving over to Australia to live. Compared with last year, more than 8000 more have left to go and live in Australia.

It seems that everyone knows someone who has moved to Australia to live in the past three years – myself included. We have family who moved to Australia for a better life and better income last year. They’re not coming back in a hurry.

But it could get worse – an average of 193 people are expected to lose their jobs. That’s not every week, that’s an average every day for the next 15 months. If the international recession does not worsen Treasury expects 68,000 to lose their jobs – that’s only about 150 on average every day.